Hoshizaki Advances ¥30 Billion Share Buyback Program

HOSHIZAKI ( (JP:6465) ) has provided an announcement.

Hoshizaki Corporation has reported on the progress of its share buyback program authorized by its board in February 2026 under the Companies Act and its Articles of Incorporation. Between March 1 and March 31, 2026, the company repurchased 998,100 common shares on the Tokyo Stock Exchange for approximately ¥5.0 billion, bringing the cumulative total under the current authorization to 1,286,100 shares for about ¥6.57 billion.

The board’s resolution allows Hoshizaki to buy back up to 8 million shares, or 5.6% of its outstanding stock excluding treasury shares, for a total of up to ¥30 billion through November 30, 2026. The ongoing buyback is likely aimed at enhancing shareholder returns and optimizing capital structure, which could support earnings per share and signal management’s confidence in the company’s long-term prospects to investors.

The most recent analyst rating on (JP:6465) stock is a Buy with a Yen7500.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.

More about HOSHIZAKI

Hoshizaki Corporation is a Japanese manufacturer of commercial kitchen equipment, best known for ice makers and refrigeration units used in restaurants, hotels, and food service operations. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, reflecting its established position in the professional food service equipment industry.

Average Trading Volume: 446,796

Technical Sentiment Signal: Buy

Current Market Cap: Yen732B

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